This article says yes.
Using a merger of a new entity type to recognize losses to offset gains
This article explains it. Seems like an awful lot of trouble to go through unless you have a large gain and happen to also have a large unrecognized loss.
Now this is an epic divorce
No end in sight for decade-long Conn. divorce case
Connecticut divorce case that has been going on for 10 years and involves insider trading and wrongful termination suits.
The Great Deleveraging Is Over
Total corporate-bond debt has grown to nearly $6 trillion—up 59% since 2007. But the new wave of borrowing is coming while we’re still stuck in the slow lane on the road to recovery. As a result, corporate leverage has returned to precrisis levels. Leverage by companies rated investment grade has risen 20% since 2010 and is now 1.51 times earnings, about 6% higher than in 2008. And while U.S. companies have built up big cash reserves since 2009, the trouble is that they’re taking on debt at an even faster pace, said Eric Beinstein, a credit strategist at J.P. Morgan.
